Search found 7836 matches

by arcticpineapplecorp.
Fri Apr 30, 2021 1:40 pm
Forum: Personal Consumer Issues
Topic: Help me buy my son a 5K new used car....
Replies: 55
Views: 3554

Re: Help me buy my son a 5K new used car....

Thanks everyone - Ok - looks like I'm better off increasing my target to 10K (and slightly above.) That definitely puts me in a better class of cars on Craigslist- and opens up CarMax - they do have a nice 2021 Ford focus for < 10K. Heck I could give him the money and have him buy it directly from ...
by arcticpineapplecorp.
Fri Apr 30, 2021 10:45 am
Forum: Personal Investments
Topic: Free Lunch On TSP To ROTH Conversion For New York Resident??
Replies: 2
Views: 397

Re: Free Lunch On TSP To ROTH Conversion??

I'm in PA and if I convert from trad 401k to Roth 401k or trad IRA to Roth IRA I don't pay state taxes either, just federal. That's because I didn't get a PA tax deduction on the money when I made the contribution originally to pretax. I'm not in a TSP.
by arcticpineapplecorp.
Wed Apr 28, 2021 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Married Filing Separately & A Roth IRA Mistake
Replies: 82
Views: 4167

Re: Married Filing Separately & A Roth IRA Mistake

can you first tell us what it was about 2020 that made it "likely quite advantageous for us to file our taxes Married Filing Separately (MFS)"?
by arcticpineapplecorp.
Wed Apr 28, 2021 9:54 am
Forum: Investing - Theory, News & General
Topic: Equity Hedging Strategies ?
Replies: 9
Views: 646

Re: Equity Hedging Strategies ?

bonds are usually helpful for reducing the volatility of equities. a negative tail event is by definition a known unknown. equities are risky because of all sorts of unknowns. you get a return that's commensurate with that risk (and in excess of a risk free risk) for taking that unknown risk. if you...
by arcticpineapplecorp.
Wed Apr 28, 2021 8:02 am
Forum: Personal Finance (Not Investing)
Topic: credit card disputed charges
Replies: 13
Views: 833

Re: credit card disputed charges

what did your credit card company say?
by arcticpineapplecorp.
Tue Apr 27, 2021 9:02 am
Forum: Personal Investments
Topic: Sell today ?
Replies: 36
Views: 4984

Re: Sell today ?

Hi I need about 150k in 3 weeks . Planning to sell some total Market Should I do it today as market is high now or 2 weeks later ? total stock market or total bond market? that being said: you'd sell now if the market will be lower 2 weeks later or you'd sell 2 weeks later if the market willl be hi...
by arcticpineapplecorp.
Tue Apr 27, 2021 8:36 am
Forum: Personal Consumer Issues
Topic: Alternative speculative asset - digital trading cards (NBA Top Shot)
Replies: 81
Views: 5489

Re: Alternative speculative asset - digital trading cards (NBA Top Shot)

fyi it may take quite a while to get your money if you sell: The waiting period Dapper Labs is trying to persuade angry customers that the delays are actually a benefit to buyers and sellers: The company touts the fact that — unlike most other NFT marketplaces — it has some fraud protections in plac...
by arcticpineapplecorp.
Mon Apr 26, 2021 8:32 am
Forum: Investing - Theory, News & General
Topic: The comfort of "good enough"
Replies: 89
Views: 10670

Re: The comfort of "good enough"

from Rick Ferri: A successful index fund investor goes through four phases: 1) Darkness - takes advice from everyone; 2) Enlightenment - realizes a market return is superior to their return; 3) Complexity - overdoing everything to find optimal; 4) Simplicity - invests in a few total market funds so...
by arcticpineapplecorp.
Sat Apr 24, 2021 8:07 pm
Forum: Personal Investments
Topic: Can someone please help me understanding crypto staking and its ACTUAL rate of return?
Replies: 3
Views: 569

Re: Can someone please help me understanding crypto staking and its ACTUAL rate of return?

here's the explanation from coinbase itself (assuming you're using that): How do rewards work? Rewards are calculated by the applicable asset. Coinbase will receive the rewards from the network on your behalf and then automatically credits them to your crypto wallet. Rewards are calculated based on ...
by arcticpineapplecorp.
Thu Apr 22, 2021 5:15 pm
Forum: Personal Consumer Issues
Topic: Struggling with car purchase
Replies: 31
Views: 1786

Re: Struggling with car purchase

if you say you're moving and the prius won't work in Alaska, are you selling the Prius?

How much will you get from the sale and why not invest that amount?
by arcticpineapplecorp.
Thu Apr 22, 2021 5:12 pm
Forum: Personal Investments
Topic: Market Timing Change
Replies: 59
Views: 4212

Re: Market Timing Change

Hello all. I have learned today that the equity I purchased recently is on Warren Buffet's list of 12 undervalued stocks. I like that. MORNINGSTAR brought the equity to my attention, and Warren Buffet has confirmed it to be a good choice. I will say I'm very fortunate. I'm the worlds worst stock pi...
by arcticpineapplecorp.
Thu Apr 22, 2021 3:34 pm
Forum: Investing - Theory, News & General
Topic: Is Cathie Wood a bad influence to our younger generation?
Replies: 65
Views: 5632

Re: Is Cathie Wood a bad influence to our younger generation?

the problem is that she doesn't have a great long term track record. She has a great short term track record. If you look at the first 3 years of the fund (ARKK) it did worse than the market. why did the fund do worse than vtsax from inception 12/31/2014 through 2/28/2017? will the future look more ...
by arcticpineapplecorp.
Thu Apr 22, 2021 1:07 pm
Forum: Personal Investments
Topic: Any strategies to ensure children keep Roth until retirement
Replies: 42
Views: 2671

Re: Any strategies to ensure children keep Roth until retirement

all you can do is teach and hope they get it. without getting into the subject of inflation, taxation, or sequence of returns (also assuming taxable, not retirement acct), give the example: 1. Say you put $10,000 once the day the child is born in an investment acct in total stock market. 2. Say the ...
by arcticpineapplecorp.
Thu Apr 22, 2021 12:53 pm
Forum: Investing - Theory, News & General
Topic: [William Bernstein: The Delusions Of Crowds: Why People Go Mad in Groups]
Replies: 45
Views: 13133

Re: Interview with Bill Bernstein - White Coat Investor

thanks. will definitely check out. i know crypto applies to the delusions of crowds, but bonds??
by arcticpineapplecorp.
Thu Apr 22, 2021 12:45 pm
Forum: Personal Investments
Topic: Bull Market in Bond
Replies: 52
Views: 5886

Re: Bull Market in Bond

@Merionman My opinion is that bonds are not good investments now, for the reasons you gave. Just today I did some reading on bonds and played with some calculators. I also read Dalio, Buffett and Miller and the sentiment is negative for bonds. I like dividend stocks as a bond replacement. More risk...
by arcticpineapplecorp.
Thu Apr 22, 2021 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Which is more forward-looking? Solar panels or Roth investment?
Replies: 60
Views: 3876

Re: Which is more forward-looking? Solar panels or Roth investment?

considering the totoal global stock market will last longer than your solar panels (25-30 years then continue operating at 88% only), source: https://www.google.com/search?client=firefox-b-1-d&q=how+long+do+solar+panels+last) I'd say investing in the total global stock market is more long lastin...
by arcticpineapplecorp.
Thu Apr 22, 2021 7:36 am
Forum: Personal Investments
Topic: Bull Market in Bond
Replies: 52
Views: 5886

Re: Bull Market in Bond

@Merionman My opinion is that bonds are not good investments now, for the reasons you gave. Just today I did some reading on bonds and played with some calculators. I also read Dalio, Buffett and Miller and the sentiment is negative for bonds. I like dividend stocks as a bond replacement. More risk...
by arcticpineapplecorp.
Wed Apr 21, 2021 8:14 pm
Forum: Personal Investments
Topic: Sell equity at loss and buy back at the lower price.
Replies: 5
Views: 505

Re: Sell equity at loss and buy back at the lower price.

Still somewhat new to all of this and horrible with numbers. I bought a few shares of Coinbase at $399 per share. It is now somewhere in the $310 range. Would it make any sense to sell it, take the few hundred dollar loss and buy it back at the current price? I would also take some cash from other ...
by arcticpineapplecorp.
Wed Apr 21, 2021 4:45 pm
Forum: Personal Investments
Topic: Is Prudential worth it?
Replies: 28
Views: 1783

Re: Is Prudential worth it?

Just wanted to add, because I checked with my wife. My advisor works for a company (NORTHWESTERN MUTUAL INVESTMENT SERVICES, LLC) that is not technically WITH Prudential, but are licensed to sell Prudential products. We just happened to be invested with all Prudential funds. Sorry for the confusion...
by arcticpineapplecorp.
Wed Apr 21, 2021 4:41 pm
Forum: Personal Investments
Topic: Is Prudential worth it?
Replies: 28
Views: 1783

Re: Is Prudential worth it?

Thank you all for the advice and suggestions. Once I understand what I am doing and can find "equivalent" lower cost funds , I am going to try and transfer my accounts into Vanguard. fyi, prudential is an insurance company. they may be fine for insurance, but like most insurance companies...
by arcticpineapplecorp.
Wed Apr 21, 2021 4:07 pm
Forum: Personal Investments
Topic: Bull Market in Bond
Replies: 52
Views: 5886

Re: Bull Market in Bond

@Merionman My opinion is that bonds are not good investments now, for the reasons you gave. Just today I did some reading on bonds and played with some calculators. I also read Dalio, Buffett and Miller and the sentiment is negative for bonds. I like dividend stocks as a bond replacement. More risk...
by arcticpineapplecorp.
Wed Apr 21, 2021 3:50 pm
Forum: Personal Investments
Topic: Is Prudential worth it?
Replies: 28
Views: 1783

Re: Is Prudential worth it?

One last question, when I am ready to transition. Should I put all my money in Vanguard? I have read that as far as IRA's go that Schwab may be a better choice. To add to this, is it as easy and signing up for a Vanguard account and doing to transfer online? Or should I go through my current adviso...
by arcticpineapplecorp.
Wed Apr 21, 2021 3:08 pm
Forum: Investing - Theory, News & General
Topic: How to purchase stocks you plan to hold for a decade
Replies: 20
Views: 1239

Re: How to purchase stocks you plan to hold for a decade

couple other thoughts: One answer is just put in a market order. But that doesn't seem great, because odds are between now and a decade from now, the stock will go down a little bit. if you think the market will be lower a decade from now, why would you be investing now at all?? :oops: Another is to...
by arcticpineapplecorp.
Wed Apr 21, 2021 2:09 pm
Forum: Investing - Theory, News & General
Topic: How to purchase stocks you plan to hold for a decade
Replies: 20
Views: 1239

Re: How to purchase stocks you plan to hold for a decade

Another is to stagger the orders. Buy $2500 now, buy $2500 a month from now, and so on, or something. Staggering may help avoid buying at a high price, for example in November 2018. How do you think about this? How do professional investors think about this? i'm not a professional investor (i don't...
by arcticpineapplecorp.
Wed Apr 21, 2021 1:49 pm
Forum: Personal Investments
Topic: Is Prudential worth it?
Replies: 28
Views: 1783

Re: Is Prudential worth it?

Thank you all for the advice and suggestions. Once I understand what I am doing and can find "equivalent" lower cost funds , I am going to try and transfer my accounts into Vanguard. these are equivalent (or better) lower cost funds: https://www.bogleheads.org/wiki/Three-fund_portfolio fy...
by arcticpineapplecorp.
Wed Apr 21, 2021 1:09 pm
Forum: Personal Investments
Topic: Is Prudential worth it?
Replies: 28
Views: 1783

Re: Is Prudential worth it?

My current investments within Prudential are as follows... Rollover 401k from previous job into the below IRA funds: (wife is also invested in both these funds with the same amount of money) SPQAX - Expense Ratio 1.15% - 17k PRJAX - Expense Ratio 1.08% - 9k The next two accounts are what I invested...
by arcticpineapplecorp.
Tue Apr 20, 2021 9:22 pm
Forum: Personal Investments
Topic: New To Investing
Replies: 14
Views: 1130

Re: New To Investing

I'm a complete beginner to investing, so I was wondering how do you choose which companies are good to invest in, and which ones to stay away from? I always see people talk about doing your due diligence, but I'm not sure what that entails. welcome to the group. really only two ways to go about it:...
by arcticpineapplecorp.
Tue Apr 20, 2021 1:19 pm
Forum: Personal Investments
Topic: TSP Questions
Replies: 15
Views: 1523

Re: TSP Questions

Is there anyway to protect my $ in the tsp in the event of a correction? what's the definition of a "correction"? many say 10%. is that what concerns you or something greater like: a bear market (usually defined as 20% or greater) thing is, the market has fallen on average 14% intrayear (...
by arcticpineapplecorp.
Tue Apr 20, 2021 10:55 am
Forum: Investing - Theory, News & General
Topic: Starting a test going forward: Motley Fool versus index fund
Replies: 23
Views: 3111

Re: Starting a test going forward: Motley Fool versus index fund

I do not want to create a new topic, so I will ask here. What do you guys think of this? https://www.wallstreetsurvivor.com/motley-fool-review/ Is there a way to validate the claims made? 1. Writer said he bought 120 stocks. You wanna do that? 2. There's a lot if present tensing going in as in &quo...
by arcticpineapplecorp.
Tue Apr 20, 2021 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Finance book recommendation for DW
Replies: 18
Views: 1177

Re: Finance book recommendation for DW

what kind of financial knowledge do you want her to acquire? Does she wish to acquire that as well? so what are the knowledge gaps? Is she interested in investing stuff or personal finance stuff (how to get more by spending less)? She may find more relevance from one over the other. Like investing i...
by arcticpineapplecorp.
Mon Apr 19, 2021 9:21 pm
Forum: Personal Consumer Issues
Topic: Considering switching from Tracfone to Tello
Replies: 25
Views: 1597

Re: Considering switching from Tracfone to Tello

i just signed up for Boost Mobile $10 a month (no fees or taxes. Just $10 total) for unlimited texts, unlimited calls and 1 GB of Data a month. Brought my own phone and bought a $10 (plus tax) SIM card from Boost Mobile. Pleased with the service and their customer service walked me through everythin...
by arcticpineapplecorp.
Mon Apr 19, 2021 8:05 pm
Forum: Personal Investments
Topic: Invest 120K now or wait for the crash?
Replies: 75
Views: 10225

Re: Invest 120K now or wait for the crash?

(Expanding on hithere's remark) ballasowjanya18, here's an exercise you should definitely try. It will be invalid and won't work if you remember 2000-2003 in too much detail. And backtesting has its limits, but you should try it anyway. First, without looking at the data, write down as carefully as...
by arcticpineapplecorp.
Mon Apr 19, 2021 5:44 pm
Forum: Investing - Theory, News & General
Topic: Starting a test going forward: Motley Fool versus index fund
Replies: 23
Views: 3111

Re: Starting a test going forward: Motley Fool versus index fund

I remember when the Gardner brothers used to go on financial tv shows in the 90s wearing those stupid jester hats and claiming that they could easily beat the Dow. Back then Motley Fool had a few different portfolios with cutesy names which were supposed to outperform, but I think they all collapse...
by arcticpineapplecorp.
Mon Apr 19, 2021 3:42 pm
Forum: Investing - Theory, News & General
Topic: Ideal Bond allocation by age
Replies: 94
Views: 6958

Re: Ideal Bond allocation by age

the amount is based on the need, ability and willingness to take risk: https://www.cbsnews.com/news/asset-allocation-guide-how-much-risk-should-you-take/ https://www.cbsnews.com/news/asset-allocation-guide-what-is-your-risk-tolerance/ https://www.cbsnews.com/news/asset-allocation-guide-how-much-risk...
by arcticpineapplecorp.
Mon Apr 19, 2021 2:58 pm
Forum: Personal Investments
Topic: How to invest cash both in tax advantaged and taxable accounts right now.
Replies: 6
Views: 860

Re: How to invest cash both in tax advantaged and taxable accounts right now.

welcome to the group. by "comfortable for the rest of our lives in our current situation" do you mean if you kept the money in cash you'd be fine the rest of your lives regardless of inflation over the course of your lives? if that's truly the case you have at least two options: 1. you've ...
by arcticpineapplecorp.
Mon Apr 19, 2021 2:51 pm
Forum: Investing - Theory, News & General
Topic: Help me get a basic education in cryptocurrency
Replies: 186
Views: 13062

Re: Help me get a basic education in cryptocurrency

Read "The Delusions of Crowds: Why People Go Mad In Groups" By William Bernstein
by arcticpineapplecorp.
Mon Apr 19, 2021 2:29 pm
Forum: Investing - Theory, News & General
Topic: Help me get a basic education in cryptocurrency
Replies: 186
Views: 13062

Re: Help me get a basic education in cryptocurrency

I’m sure this isn’t original but my dad was fond of saying there are bears, there are bulls, and there are piggies re the market. bulls make money, bears make money and pigs get slaughtered. https://www.google.com/search?client=firefox-b-1-d&q=bulls+make+money%2C+bears+make+money+and+pigs+get+s...
by arcticpineapplecorp.
Mon Apr 19, 2021 2:06 pm
Forum: Investing - Theory, News & General
Topic: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market
Replies: 70
Views: 8927

Re: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market

Did Einhorn short the stock then?

Perhaps the Deli should rebrand itself as "Hometown Deli Bitcoin.com" and go TO THE MOOOOON!!
by arcticpineapplecorp.
Mon Apr 19, 2021 2:01 pm
Forum: Investing - Theory, News & General
Topic: Fisher Investments - Parents Considering
Replies: 19
Views: 2325

Re: Fisher Investments - Parents Considering

Thoughts on what feedback I should given them on Fisher? I have browsed the old threads - comments are mixed. I think it is very unlikely that I will convert my parents to Bogleheads - it is probably too late for that. So - in the context of other "full service" brokerages - where does Fi...
by arcticpineapplecorp.
Mon Apr 19, 2021 11:57 am
Forum: Investing - Theory, News & General
Topic: Fisher Investments - Parents Considering
Replies: 19
Views: 2325

Re: Fisher Investments - Parents Considering

Thoughts on what feedback I should given them on Fisher? I have browsed the old threads - comments are mixed. I think it is very unlikely that I will convert my parents to Bogleheads - it is probably too late for that. So - in the context of other "full service" brokerages - where does Fi...
by arcticpineapplecorp.
Mon Apr 19, 2021 7:31 am
Forum: Investing - Theory, News & General
Topic: If active investing is foolish, why do we utterly, blindly trust active investors (fools) to set prices for us?
Replies: 26
Views: 2692

Re: If active investing is foolish, why do we utterly, blindly trust active investors (fools) to set prices for us?

wisdom of the crowd, even if it's an active crowd. just because some drive prices up, if others believe prices are too high they can come down again (shorting). i believe in the efficient market hypothesis. that means that prices generally reflect all available information. what changes price is new...
by arcticpineapplecorp.
Mon Apr 19, 2021 7:00 am
Forum: Personal Investments
Topic: Invest 120K now or wait for the crash?
Replies: 75
Views: 10225

Re: Invest 120K now or wait for the crash?

I max out my 401k and my employer also contributes to it. I am 65% FSKAX, 20% FSPSX, 15% FXNAX in it. I also plan to invest 5k per month in my brokerage account. I am 60% VTI, 20%QQQ, 10% AMZN, 10% others in it. I am lucky to have 120K more cash. Should I keep it as spare cash for a possible next c...
by arcticpineapplecorp.
Sun Apr 18, 2021 4:04 pm
Forum: Personal Investments
Topic: When to take Social Security when a pension is linked to it
Replies: 31
Views: 3488

Re: When to take Social Security when a pension is linked to it

If you have to live to 88+ to break even, then this seems like a "no brainer." Just take it at 67. If you live beyond 88, then so be it. Also, if you take it at 67, you could invest the $42K each year for three years until 70. But I would suggest spend the whole thing and live it up. By t...
by arcticpineapplecorp.
Sun Apr 18, 2021 3:48 pm
Forum: Investing - Theory, News & General
Topic: Confused on Interest Rates and Bond Returns
Replies: 6
Views: 792

Re: Confused on Interest Rates and Bond Returns

Could it be that the pension fund is assuming a certain rate of return which is easier to achieve when bonds are earning 4 or 5% rather than 1 or 2%?
by arcticpineapplecorp.
Sun Apr 18, 2021 1:41 pm
Forum: Investing - Theory, News & General
Topic: Is passive investing leading to bigger market inefficiencies?
Replies: 63
Views: 5022

Re: Is passive investing leading to bigger market inefficiencies?

Good luck with that then. Let us know how that goes. I'll stick with my boring investments and leave the excitement to you. I only invest in boring index funds as you do, but we need to acknowledge that the reason why we can do it is that other people are doing the dirty job of asset pricing for us...
by arcticpineapplecorp.
Sun Apr 18, 2021 10:54 am
Forum: Investing - Theory, News & General
Topic: Is passive investing leading to bigger market inefficiencies?
Replies: 63
Views: 5022

Re: Is passive investing leading to bigger market inefficiencies?

if so, then isn't this a self correcting problem? Yes, but perhaps the time scale of self-correction might be long enough for the best active investors to outperform easily enough for it to be worthy. Good luck with that then. Let us know how that goes. I'll stick with my boring investments and lea...
by arcticpineapplecorp.
Sat Apr 17, 2021 9:00 pm
Forum: Investing - Theory, News & General
Topic: Is passive investing leading to bigger market inefficiencies?
Replies: 63
Views: 5022

Re: Is passive investing leading to bigger market inefficiencies?

if the market is inefficient then won't more people stop passively investing to instead arbitrage those inefficiencies in an active strategy?

if so, then isn't this a self correcting problem?
by arcticpineapplecorp.
Fri Apr 16, 2021 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Job offer advice needed
Replies: 24
Views: 1785

Re: Job offer advice needed

just heard this:
https://themoth.org/stories/double-whammy
Aditya Dakshinamourtay learns a lesson about negotiating.
by arcticpineapplecorp.
Fri Apr 16, 2021 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: What to do next for our savings after maxing out everything?
Replies: 44
Views: 3721

Re: What to do next for our savings after maxing out everything?

JHU ALmuni wrote: Fri Apr 16, 2021 5:23 pm Bitcoin.
said someone who wants others to prop up his/her bitcoin?
by arcticpineapplecorp.
Fri Apr 16, 2021 9:26 pm
Forum: Investing - Theory, News & General
Topic: Long Term Gains vs. Adjusting portfolio
Replies: 6
Views: 645

Re: Long Term Gains vs. Adjusting portfolio

if you don't want to generate the cap gains tax you could: 1. change dividends/cap gains to cash (turn off reinvestment of cap gains and dividends) 2. use dividends generated from these funds to buy the vtsax/vtiax 3. keep the current shares to: a. donate now or later b. gift to children later (the...